Cryptocurrency
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- neverscared2
Beware Crypto Billionaires Boasting Of Audits
“Where were the lawyers and accountants?” That was the withering assessment of one US judge after years of fraud and deception went undetected during the 1980s savings and loan crisis, despite a well-stocked entourage of audit, legal and compliance professionals who might have been expected to raise the alarm.
It’s a relevant question once more as watchdogs try to crack down on a largely offshore and patchily-regulated cryptocurrency industry — worth $3 trillion at the peak — and as Binance and other platforms try to draw a line under the FTX scandal by appealing to the credibility of outside advisors. Wall Street’s top regulator is warning investors to be “wary” of how crypto firms promote the often narrow work done by accounting firms and is considering enforcement actions, according to the WSJ.
- jonny_quest_lives0
"The things that were being done were super sketchy," Newell told Eurogamer. "And there was some illegal shit that was going on behind the scenes, and you're just like, yeah, this is bad. Blockchains as a technology are a great technology, that the ways in which has been utilised are currently are all pretty sketchy. And you sort of want to stay away from that."- Gabe Newell
- NBQ00-1
- drgs0
https://news.trijo.co/news/wife-…
Old lady kidnapped, criminals asking for ransom to be paid in Monero^
Nothing new in itself, except that the amount they are asking for (9 mill Euro) is about 230 000 XMR, or 1.3% of total Monero supply.
1.3% will surely disrupt the market, almost considering to go all in
- grafician-15
"AMC says it will accept bitcoin as payment for movie tickets by year-end'
lol these guys are having fun
- neverscared1
what a fuckin shit show ..
- neverscared1
we has the criminal hackers...
Exclusive: Austrian Programmer And Ex Crypto CEO Likely Stole $11 Billion Of Ether
Who hacked The DAO in 2016, diverting 3.6 million ether? We identify the apparent hacker — he denies it — by following a complicated trail of crypto transactions and using a previously undisclosed privacy-cracking forensics tool.
- neverscared1
Gizmodo submitted a Freedom of Information Act request with the Federal Trade Commission, asking for any complaints filed with the FTC about Binance. The agency found 760 complaints filed since June of 2020, 200 of which were released to Gizmodo and redacted to protect private information. And while the redactions making it difficult to independently verify each individual claim, we start to see illuminating patterns.
- neverscared-1
Crypto bros on the beach feel a cold wind at their necks
Participants in a recent conference admit that leaner times are on the way for holders of digital assets
- shapesalad1
Paxos halting mining for BUSD. $14b stable coin.
SEC suing Paxos - also issue a gold backed stable coin.Crypto... the cockroach that keeps getting hit with the heel of a dress shoe around the kitchen of finance.
- grafician-12
- grafician-13
- monospaced2
JP Morgan’s crypto’s is fake. It’s not a crypto currency at all, just blockchain to handle their ledgers.